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P&G’s (PG) $3.8B Wellness Deal Collides With a Costly Outlook
Insider Monkey41d agoneutral
P&G’s (PG) $3.8B Wellness Deal Collides With a Costly Outlook

Procter & Gamble (NYSE:PG) is buying its way into wellness. On August 4, L Catterton announced it had signed a definitive agreement to sell Thorne, a science-backed health and wellness brand, to Procter & Gamble for $3.8 billion in cash. The deal lands a day after an August 3 analysis flagged a fiscal 2027 earnings […]

What Could Procter & Gamble (PG) Chairman Change Mean After Jon Moeller Retires?
Simply Wall St.41d agoneutral
What Could Procter & Gamble (PG) Chairman Change Mean After Jon Moeller Retires?

Procter & Gamble (NYSE:PG) appointed Shailesh Jejurikar as Chairman of the Board, succeeding Jon R. Moeller following his retirement after 38 years at the company. The board transition shifts leadership at the top of Procter & Gamble’s governance structure as Moeller steps down from his role as Executive Chairman. Investors are watching the handover closely, given the potential long term implications for company culture, operations, and board oversight. For readers tracking long term...

5 Solid Dividend Stocks to Buy in August
24/7 Wall St.44d agobullish
5 Solid Dividend Stocks to Buy in August

With the 10-year Treasury yield near 4.70%, dividend stocks face a real test of relevance, and only a handful of names have the streak length and earnings power to still make the cut right now.

Wayfair Sees Recovery in U.S. Furniture Demand; SpaceX Is Eyeing $1 Trillion in Revenue; P&G’s $3.8 Billion Bet
The Wall Street Journal45d agoneutral
Wayfair Sees Recovery in U.S. Furniture Demand; SpaceX Is Eyeing $1 Trillion in Revenue; P&G’s $3.8 Billion Bet

Wayfair CFO Kate Gulliver on signs of a rebound in the U.S.; Elon Musk outlined ambitious targets for SpaceX following its first-ever earnings report; Procter & Gamble will buy supplement company Thorne; plus, Portillo’s hires new CFO. Furniture and home improvement companies often offer good indicators for how the U.S. economy is performing, as those businesses reflect the sentiment of consumers and key discretionary spending behavior for items such as sofas, tables and decor.

Procter & Gamble (PG) Agrees To Buy Thorne For $3.8 Billion
Simply Wall St.45d agobullish
Procter & Gamble (PG) Agrees To Buy Thorne For $3.8 Billion

Procter & Gamble (NYSE:PG) agreed to acquire Thorne, a science-focused wellness supplements company. The transaction values Thorne at US$3.8b and expands PG into premium health and wellness categories. The deal centers on vitamins, minerals, and supplements as an extension of PG's existing health portfolio. For investors tracking Procter & Gamble, this move pushes the company further into consumer health and wellness rather than relying only on traditional household and personal care...

3 Top Dividend Stocks to Buy Before Their Next Payout
24/7 Wall St.47d agobullish
3 Top Dividend Stocks to Buy Before Their Next Payout

Your portfolio could be paying you quarterly income right now from three companies that have raised their dividends for decades straight, but the next ex-dates are approaching fast and missing them means waiting another quarter to collect.

Guinness-owner Diageo poaches P&G exec as City awaits turnaround plan
Sky News47d agoneutral
Guinness-owner Diageo poaches P&G exec as City awaits turnaround plan

The newly installed boss of Diageo has poached a senior Procter & Gamble (P&G) executive to join his leadership team, days before he unveils a revival plan for the maker of Guinness and Johnnie Walker. Sky News has learnt that Sujay Wasan, the head of P&G's oral care business in North America, is joining the FTSE-100 alcoholic drinks company as the head of its Asia-Pacific operations.

4 Dividend Kings Almost Nobody Talks About
24/7 Wall St.48d agoneutral
4 Dividend Kings Almost Nobody Talks About

Most income investors can name Coca-Cola and Procter & Gamble as Dividend Kings, but four quiet compounders with 50-plus years of consecutive increases keep flying under the radar, including one gas utility on a streak that dwarfs nearly every name in the group.